TGI Fridays files for bankruptcy, as sit-down chain restaurants face challenges
TGI Fridays Executive Chairman Rohit Manocha said "COVID-19 and capital structure" were the primary drivers of the chain's financial challenges.
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TGI Fridays Executive Chairman Rohit Manocha said "COVID-19 and capital structure" were the primary drivers of the chain's financial challenges.
Red Lobster's owner has said the pandemic and rising costs hurt the seafood chain's financial performance.
The retailer that caters to quilters and crafters also said it has been weighed down by higher tariffs from China.
Mired in a prolonged sales slump, the retail chain has struggled to attract customers both in stores and online.
Wedding dress retailer cites "post-COVID environment and uncertain economic conditions," saying it's looking for a buyer.
Dallas-based Corner Bakery has filed for bankruptcy, according to court records.
It is the largest and oldest power cooperative in Texas and now, after the devastating February winter storms, is filing Chapter 11 bankruptcy. Officials with Brazos Electric say it was a "financially robust, stable company" before the winter blast hit.
National discount department store Stein Mart filed for bankruptcy and has now set about closing most, if not all, of its 280 stores.
Gyms across Texas and the nation were closed for months during the coronavirus pandemic lockdown, now one national chain -- 24 Hour Fitness -- has filed for bankruptcy.
Dallas-based discount goods retailer Tuesday Morning has filed for Chapter 11 bankruptcy, becoming the third North Texas-based major retailer to do so since the coronavirus pandemic.
The coronavirus shutdown has hit Neiman Marcus so hard that the 112-year-old storied luxury department store chain is seeking Chapter 11 bankruptcy protection.
The coronavirus shutdown is hitting the retail industry hard and none more so than Dallas-based Neiman Marcus. There are reports the luxury retailer could file for bankruptcy as early as this week.
With their movie locations in Texas and across the country closed because of the coronavirus pandemic, Wall Street analysts say AMC Theaters will likely soon file for bankruptcy.
Watson Grinding and Manufacturing said it had to lay off about 80 workers this week.
Dallas-based Borden Dairy Co. says it can't afford its debt load and pension obligations and has filed for bankruptcy protection.
It was once a hot destination for teen shoppers, but fashion chain Forever 21 has filed for Chapter 11 bankruptcy protection.
Gymboree has filed for bankruptcy protection for a second time in as many years, but this time the company will begin winding down operations for good.
The company's largest shareholder and chairman, Eddie Lampert, may be able to keep the roughly 400 remaining Sears stores open.
With Sears closing 142 unprofitable stores near the end of the year, and 46 others by November, what's a shopper to do?
After filing for bankruptcy protection, Sears will close another 142 stores before the end of the year -- including nine in Texas.
Sears filed for Chapter 11 bankruptcy protection Monday, buckling under its massive debt load and staggering losses.
Mattress Firm, Inc., the nation's largest mattress retailer, is filing for bankruptcy protection and plans to close up to 700 stores around the country.
Brookstone, the ubiquitous seller of cool but largely unneeded things, is filing for Chapter 11 bankruptcy protection again and closing the 100 stores that remain in shopping malls.
The demise of Toys R Us will have a ripple effect on everything from toymakers to consumers to landlords.
Troubled North Texas-based electronics retailer RadioShack has filed for bankruptcy for the second time in just over two years.
The suspect drove through the doors of a JCPenny in Killeen, Texas, and continued inside for "several hundred yards," an official said.
Thousands of children and their families packed into the Kay Bailey Hutchison Convention Center in Dallas on Saturday.
The last Saturday before Christmas is known as Super Saturday, one of the final opportunities during the holiday season for people to get all remaining items on their lists.
The front on Christmas Eve will provide the lift needed to stir up some rumbles of thunder. Expect a rainy day, but conditions are likely to clear up with just some lingering cloud cover on Christmas Day.
Her name hasn't been released and no charges have been announced.
The suspect drove through the doors of a JCPenny in Killeen, Texas, and continued inside for "several hundred yards," an official said.
The front on Christmas Eve will provide the lift needed to stir up some rumbles of thunder. Expect a rainy day, but conditions are likely to clear up with just some lingering cloud cover on Christmas Day.
Her name hasn't been released and no charges have been announced.
Derrick Sanders Jr., 19, is charged with felony murder for the death of his uncle, 40-year-old Christopher Sanders Sr.
Dominic DeLuca and Tony Rojas returned interceptions for touchdowns and Penn State toyed with mistake-prone SMU in a 38-10 victory in the opening round of the College Football Playoff.
When a former Cedar Hill police officer was accused of soliciting sex from a DWI suspect he was already under investigation for similar behavior with a victim of domestic violence, internal records reveal.
Amber Crum was just 2 years old when she disappeared from the Pleasant Grove area the day after Christmas in 1983.
A nationwide gift card scam linked to Chinese organized crime involving gangs prompted law enforcement and DHS to take action.
"The events are not a mismanagement of business, but an intentional act to deceive and deprive," an investigator said.
For weeks, the I-Team traced the cups dropped inside seven locations in Garland, Plano, Frisco, Irving, Hurst, Highland Park, and Fort Worth.
Mark Burnett helped produce hits like "Survivor" and "The Voice," but is perhaps best known for teaming up with President-elect Donald Trump for "The Apprentice," which first aired in 2004.
Collin County Elections Administrator Bruce Sherbet discusses election-related issues in Texas with Jack Fink. He also reflects on his time in the role ahead of his retirement.
Frisco Mayor Jeff Cheney tells Jack Fink about economic development in the city. He also discusses the potential for a company to relocate its corporate headquarters to Frisco.
Government watchdog claims Americans lost hundreds of millions to fraud related to the bank-operated mobile payments network.
The Biden administration is canceling federal student loans for another 55,000 workers to the tune of $4.28 billion in what's expected to be the last such round before he leaves office.
At Fort Worth ISD's North Side High School, the sounds of an American sport on the field meet mariachi music in the stands.
With new foods, such as the "Drowning Taquitos" and the "Beso de Angel," Tony's Taco Shop owners say they don't take their success for granted.
Latinas in Tech DFW started back up last year after the pandemic. They have lots of opportunities for Latinas to network, connect, and learn new skills.
Anchor Ken Molestina shows us how he makes his Cuban coffee for the CBS News Texas newsroom.
Del Olmo, who has played golf his entire life, recalls how rare the sport was for people like him growing up in Mexico City.
A North Texas couple vetted and hired a local company for their move to Oregon, not knowing someone else would be taking their things.
Big solar companies oftentimes outsource on-the-ground sales efforts to third-party companies.
As more seniors fall victim to financial scams, citizens and lawmakers search for stronger consumer protections.
Following an I-Team investigation, Sunnova Energy is facing legal action from nearly a dozen Texas families.
A viral TikTok recipe that includes melting Jolly Ranchers landed a 9-year-old in the hospital with severe burns.
A Chicago man was stuck with a big medical bill after undergoing a colonoscopy that found no evidence of cancer. Here's why.
Some 13 oz. bags of Lay's Classic Potato Chips may contain an undeclared allergen, according to the snack company.
Many participants are amputees but the program also supports those with neurodivergent conditions, brain injuries, military injuries and more.
"The mystery has finally been solved," Congo's health ministry says, after an unidentified disease outbreak started killing mainly women and children in a remote region.
The sisters share a special bond of getting a second chance at life, which they both received at the age of 38 years old.
The concept is simple: a menu with no prices. Guests pay what they can afford.
The new Fort Worth facility is expected to create hundreds of new jobs to help build long-range assault aircraft.
The Dallas City Council voted Wednesday to approve a contract which includes a $15 million upgrade to the convention center.
"The events are not a mismanagement of business, but an intentional act to deceive and deprive," an investigator said.
According to the report, 15,151 Texas workers are owed back wages.
Rickey Henderson is widely considered to be one of the best leadoff hitters and base stealers in baseball.
"America's Team: The Gambler and His Cowboys" is coming to Netflix in 2025.
Rick Welts was previously the president and COO of the Golden State Warriors.
Before they step on the field, the SMU Mustangs football team has to get through finals first.
The Dallas Open takes place Feb. 1-9, 2025.
The lawsuit lays out Blake Lively's allegations against Justin Baldoni during their time working on "It Ends with Us."
A spokesperson for Foxx said that he had to get stitches after he was hit in the face by a glass thrown from someone else in the restaurant.
Sean "Diddy" Combs filed a motion Friday to dismiss his appeal for bail, meaning he will stay in jail until his trial on sex trafficking charges in May 2025.
This year, the team wanted to be sure more visitors could enjoy the trains.
Jamie Foxx opened up about why he was hospitalized for several weeks in April 2023.
CBS News Texas captured the excitement and energy of the BMW Dallas Marathon Festival through photos.
Cowtown lit up the streets of Downtown with smiles and lights during the annual Parade of Lights.
Check out photos of cars, trucks and SUV's on display this year at the Texas Auto Show at the State Fair of Texas.
We take a look back at Dallas Police Chief Eddie Garcia's time in Dallas.
Stars, stripes and plenty of fun in the sun is how Fort Worth celebrates the Fourth of July.
